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City of Berkeley

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uuid000jfbx

Namestring
City of Berkeley
Legal namestring
City of Berkeley
Company typeenum
Public
Founded yearint
1868
Descriptiontext

The City of Berkeley is the municipal government serving the residents, businesses, property owners, and visitors of Berkeley, California, operating as a public entity under California state law and Berkeley municipal codes. Headquartered at 2180 Milvia Street (City Hall), the city delivers the full range of municipal services across six functional areas — City Services (parking, trash/recycling, payments), Community & Recreation (parks, senior services, animal care, civic arts, waterfront, affordable housing), Safety & Health (police, fire, disaster preparedness, mental health, homeless services), Construction & Development (permits, seismic safety, green building, zoning), Doing Business (economic development, business licensing, city contracting), and Government (City Council, elections, public records, financial information, jobs). Affiliated public agencies include the Housing Authority, Public Library, Rent Board, and School District, each with separate governance.

The underlying technology platform is conventional municipal IT: a Drupal-based city website (berkeleyca.gov) hosting integrated online service portals for permits, payments, issue reporting, and inspections, paired with an OnBase Public Access Viewer for digital records management covering ordinances, resolutions, meeting minutes, contracts, and election records. Emergency notifications run through Everbridge. No proprietary AI, ML, API, or SDK capabilities are disclosed. Customer segments span all Berkeley residents (primary), single-family/duplex homeowners subject to BESO compliance, artists and festival organizers receiving Civic Arts grants, homeless and housing-insecure residents served by supportive housing programs, and Berkeley businesses requiring licenses and permits.

The revenue model is tax-and-fee funded rather than commercial. Streams comprise municipal tax revenue (property, sales, and other local taxes), transaction-based regulatory fees and deposits (building permits, BESO deferral deposits of $2,500, business licenses), and state/federal grants for specific programs (e.g., $31M+ supporting the People's Park affordable housing project). Pricing tiers take the form of compliance options (BESCO six-credit requirement or $2,500 deferral deposit) and grant ceilings (individual artists up to $5,000, festival organizers up to $7,000). Go-to-market is direct-to-consumer service delivery via in-person offices, the self-service web portal, and emergency alert systems.

Short descriptiontext

The City of Berkeley is the municipal government of Berkeley, California, providing public safety, housing, permits, parks, recreation, business licensing, and civic services to its residents, property owners, and businesses, funded primarily through taxes, regulatory fees, and intergovernmental grants.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersBerkeley, United States
HQ citystring
Berkeley
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
municipal government services, public administration, city services, urban planning, public safety
Industry1 code
1Mayor/City Manager & General Administration
CodeBPAIACAAPrimaryYes
NAICS code3 codes
  • Executive, Legislative, and Other General Government Support9211
  • Administration of Housing Programs, Urban Planning, and Community Development925
  • Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors92615
Product category
Municipal Government Services
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Tax Revenue
TypeSubscription Recurring
Description

The city collects property taxes, sales taxes, and other municipal taxes to fund general city operations and services.

berkeleyca.gov
2Regulatory Fees and Deposits
TypeTransaction Fee
Description

The city collects fees for building permits, environmental compliance (BESO deferral deposits of $2,500), business licenses, and other regulatory functions.

berkeleyside.org
3State and Federal Grants
TypeManaged Services
Description

The city receives state and federal funding for specific programs such as the $31 million in city and state funding supporting the People's Park housing development project.

mercurynews.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Infrastructure, Others
Pricing details2 tiers
1BESO Mandate Compliance Option
ModelTransaction based/ take rateBilling cadenceOne time/ perpetual license
Notes

Single-family home and duplex sellers must earn six energy efficiency credits through upgrades (heat pump systems, solar panels, EV chargers) before selling, or pay a $2,500 non-refundable deferral deposit to buyers.

berkeleyside.org
2Civic Arts Program Grants
ModelOtherBilling cadenceMulti-year contract
Notes

Individual artists: up to $5,000 grant. Festival organizers: up to $7,000 grant. Applications open January 7, 2026, with funding available for July 2026 to June 2027 activity period.

berkeleyca.gov
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 of 4 records shown
1Housing Authority
Description

Public housing authority providing affordable housing services

berkeleyca.gov
+3 more records
Core offering1 text field

The City of Berkeley is a municipal government that delivers essential public services to its residents, property owners, businesses, and visitors. Its offerings span city services (parking, trash and recycling, reporting and payments), community and recreation (parks, senior services, civic arts, animal care), safety and health (police, fire, public health, homeless services), construction and development (permits, green building, land use), doing business (licensing and economic development), and government transparency (council, elections, public records). Services are funded primarily by municipal taxes, regulatory fees, and state and federal grants.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Berkeley can clear homeless encampments subject to legal requirements for disabled residents (US District Court ruling, April 2026)
+1 more record
Product overview1 text field

The City of Berkeley operates a municipal government service platform organized into multiple service categories: City Services Portal (Report & Pay, Parking, Trash & Recycling), Community & Recreation Services (Parks, Senior Services, Animal Care, Civic Arts), Safety & Health Services (Fire, Police, Mental Health, Homeless Services), Construction & Development Services (Permits, Green Building, Zoning), Doing Business Portal (Economic Development, Business Licensing), and Government Services (City Council, Elections, Public Records). Additionally, Records Online (OnBase Public Access Viewer) provides access to official city documents including Ordinances, Resolutions, Meeting Minutes, and Contracts. These are standalone municipal service offerings rather than an integrated product suite.

Product and service1 record
1City Services Portal
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-12-12
Description

Satellite Affordable Housing Associates was selected as the new developer for a roughly 100-unit affordable housing project at People's Park in Berkeley. The project is part of a larger UC Berkeley initiative to develop over 1,100 housing units on the site. Construction is scheduled to finish in 2027. The project is supported by over $31 million in city and state funding and aims to honor the site's activist history.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Immediately adjacent California Bay Area municipality offering a directly overlapping catalog of general municipal services to a similar resident base. Operates as a small charter city analogous in scale and scope.

TypeDirect peer
Description

Neighboring Bay Area municipality providing the same core municipal functions over a smaller residential base. Comparable governance model and service delivery footprint in the East Bay.

TypeEmerging player
Description

Permitting, licensing, and code enforcement platform used by many Bay Area and California municipalities. Directly comparable to Berkeley's Construction & Development and business licensing service portals.

TypeDirect peer
Description

Adjacent Bay Area municipal government delivering the same general stack of public safety, housing, permitting, business licensing, and civic services. Comparable in population scale, governance structure, and service portfolio.

TypeDirect peer
Description

Larger California Bay Area municipality operating an analogous set of local government functions including permitting, public safety, housing, parks, and digital service portals. Most comparable California municipal peer on regulatory complexity and climate policy ambition.

TypeDirect peer
Description

Smaller Bay Area charter city with similar environmental policy leadership (electrification, sustainability) and an overlapping suite of municipal services. Closely comparable in regulatory approach and demographic profile.

TypeEmerging player
Description

Public sector budgeting, financial reporting, and procurement transparency software for local governments. Comparable to Berkeley's financial information and public records functions across municipal peers.

TypeBroad incumbent
Description

Large public-sector software provider serving municipal governments with permitting, records, ERP, and citizen engagement platforms. Comparable as the underlying technology stack providers for many city services Berkeley delivers through its own portal.

TypeDirect peer
Description

Largest Bay Area municipal government with parallel charter city responsibilities over housing, public safety, permitting, and economic development. Useful benchmark for service delivery scale and digital infrastructure.

TypeEmerging player
Description

Gov-tech vendor specializing in digital communications, records, and workflow automation for municipal customers. Directly comparable to the GovDelivery newsletter and OnBase records capabilities Berkeley uses for resident engagement and document management.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks4 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

City of Berkeley

Municipal Government Servicescityofberkeley.info

The City of Berkeley is the municipal government of Berkeley, California, providing public safety, housing, permits, parks, recreation, business licensing, and civic services to its residents, property owners, and businesses, funded primarily through taxes, regulatory fees, and intergovernmental grants.

What City of Berkeley does

The City of Berkeley is the municipal government serving the residents, businesses, property owners, and visitors of Berkeley, California, operating as a public entity under California state law and Berkeley municipal codes. Headquartered at 2180 Milvia Street (City Hall), the city delivers the full range of municipal services across six functional areas — City Services (parking, trash/recycling, payments), Community & Recreation (parks, senior services, animal care, civic arts, waterfront, affordable housing), Safety & Health (police, fire, disaster preparedness, mental health, homeless services), Construction & Development (permits, seismic safety, green building, zoning), Doing Business (economic development, business licensing, city contracting), and Government (City Council, elections, public records, financial information, jobs). Affiliated public agencies include the Housing Authority, Public Library, Rent Board, and School District, each with separate governance.

The underlying technology platform is conventional municipal IT: a Drupal-based city website (berkeleyca.gov) hosting integrated online service portals for permits, payments, issue reporting, and inspections, paired with an OnBase Public Access Viewer for digital records management covering ordinances, resolutions, meeting minutes, contracts, and election records. Emergency notifications run through Everbridge. No proprietary AI, ML, API, or SDK capabilities are disclosed. Customer segments span all Berkeley residents (primary), single-family/duplex homeowners subject to BESO compliance, artists and festival organizers receiving Civic Arts grants, homeless and housing-insecure residents served by supportive housing programs, and Berkeley businesses requiring licenses and permits.

The revenue model is tax-and-fee funded rather than commercial. Streams comprise municipal tax revenue (property, sales, and other local taxes), transaction-based regulatory fees and deposits (building permits, BESO deferral deposits of $2,500, business licenses), and state/federal grants for specific programs (e.g., $31M+ supporting the People's Park affordable housing project). Pricing tiers take the form of compliance options (BESCO six-credit requirement or $2,500 deferral deposit) and grant ceilings (individual artists up to $5,000, festival organizers up to $7,000). Go-to-market is direct-to-consumer service delivery via in-person offices, the self-service web portal, and emergency alert systems.

City of Berkeley firmographics

Firmographics
Name
City of Berkeley
Legal name
City of Berkeley
Website
https://cityofberkeley.info
Company type
Public
Founded year
1868
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
The City of Berkeley is the municipal government of Berkeley, California, providing public safety, housing, permits, parks, recreation, business licensing, and civic services to its residents, property owners, and businesses, funded primarily through taxes, regulatory fees, and intergovernmental grants.
Ownership category
akta.pro rank

City of Berkeley industry classification

Industry
Product category
Municipal Government Services
NAICS
Executive, Legislative, and Other General Government Support (9211), Administration of Housing Programs, Urban Planning, and Community Development (925), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615)
akta.pro primary industry
Mayor/City Manager & General Administration (BPAIACAA)

Keywords

  • Municipal government services
  • Public administration
  • City services
  • Urban planning
  • Public safety

Where City of Berkeley is headquartered

Location

Headquarters

HQ city
Berkeley
HQ country
United States
HQ region
North America

Offices1 record

Markets served

City of Berkeley business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Others

Revenue model

  1. Tax Revenue: The city collects property taxes, sales taxes, and other municipal taxes to fund general city operations and services.
  2. Regulatory Fees and Deposits: The city collects fees for building permits, environmental compliance (BESO deferral deposits of $2,500), business licenses, and other regulatory functions.
  3. State and Federal Grants: The city receives state and federal funding for specific programs such as the $31 million in city and state funding supporting the People's Park housing development project.

Pricing tiers

ModelBillingPrice
Transaction based/ take rateOne time/ perpetual licenseBESO Mandate Compliance Option
OtherMulti-year contractCivic Arts Program Grants

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

City of Berkeley product offering

Product offering

Core offering

The City of Berkeley is a municipal government that delivers essential public services to its residents, property owners, businesses, and visitors. Its offerings span city services (parking, trash and recycling, reporting and payments), community and recreation (parks, senior services, civic arts, animal care), safety and health (police, fire, public health, homeless services), construction and development (permits, green building, land use), doing business (licensing and economic development), and government transparency (council, elections, public records). Services are funded primarily by municipal taxes, regulatory fees, and state and federal grants.

Product overview

The City of Berkeley operates a municipal government service platform organized into multiple service categories: City Services Portal (Report & Pay, Parking, Trash & Recycling), Community & Recreation Services (Parks, Senior Services, Animal Care, Civic Arts), Safety & Health Services (Fire, Police, Mental Health, Homeless Services), Construction & Development Services (Permits, Green Building, Zoning), Doing Business Portal (Economic Development, Business Licensing), and Government Services (City Council, Elections, Public Records). Additionally, Records Online (OnBase Public Access Viewer) provides access to official city documents including Ordinances, Resolutions, Meeting Minutes, and Contracts. These are standalone municipal service offerings rather than an integrated product suite.

Differentiator

Problem solved

Functional benefit

Brands

  • Housing Authority: Public housing authority providing affordable housing services
  • Public Library
  • Rent Board
  • School District

Products and services

  • City Services Portal

Quantifiable outcome

  • Berkeley can clear homeless encampments subject to legal requirements for disabled residents (US District Court ruling, April 2026)
  • +1 more outcomes

Companies that use City of Berkeley

Customer profile

Segments5 records

Ideal customer profiles5 records

City of Berkeley technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

City of Berkeley partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Satellite Affordable Housing AssociatescoreStrategic or Co-development Partner · 12 December 2025Satellite Affordable Housing Associates was selected as the new developer for a roughly 100-unit affordable housing project at People's Park in Berkeley. The project is part of a larger UC Berkeley initiative to develop over 1,100 housing units on the site. Construction is scheduled to finish in 2027. The project is supported by over $31 million in city and state funding and aims to honor the site's activist history.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

City of Berkeley competitors and assessment

Company assessment

Direct peers

  • City of Albany, California: Immediately adjacent California Bay Area municipality offering a directly overlapping catalog of general municipal services to a similar resident base. Operates as a small charter city analogous in scale and scope.
  • City of Emeryville: Neighboring Bay Area municipality providing the same core municipal functions over a smaller residential base. Comparable governance model and service delivery footprint in the East Bay.
  • City of Oakland: Adjacent Bay Area municipal government delivering the same general stack of public safety, housing, permitting, business licensing, and civic services. Comparable in population scale, governance structure, and service portfolio.
  • City of San Francisco: Larger California Bay Area municipality operating an analogous set of local government functions including permitting, public safety, housing, parks, and digital service portals. Most comparable California municipal peer on regulatory complexity and climate policy ambition.
  • City of Palo Alto: Smaller Bay Area charter city with similar environmental policy leadership (electrification, sustainability) and an overlapping suite of municipal services. Closely comparable in regulatory approach and demographic profile.
  • City of San Jose: Largest Bay Area municipal government with parallel charter city responsibilities over housing, public safety, permitting, and economic development. Useful benchmark for service delivery scale and digital infrastructure.

Emerging players

  • Accela: Permitting, licensing, and code enforcement platform used by many Bay Area and California municipalities. Directly comparable to Berkeley's Construction & Development and business licensing service portals.
  • OpenGov: Public sector budgeting, financial reporting, and procurement transparency software for local governments. Comparable to Berkeley's financial information and public records functions across municipal peers.
  • Granicus: Gov-tech vendor specializing in digital communications, records, and workflow automation for municipal customers. Directly comparable to the GovDelivery newsletter and OnBase records capabilities Berkeley uses for resident engagement and document management.

Broad incumbents

  • Tyler Technologies: Large public-sector software provider serving municipal governments with permitting, records, ERP, and citizen engagement platforms. Comparable as the underlying technology stack providers for many city services Berkeley delivers through its own portal.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights6 records

Customer concentration

City of Berkeley financial estimates

Financial estimate

Revenue estimate

Valuation estimate

City of Berkeley leadership team

Management profile

Number of profiles

Profiles1 record

City of Berkeley funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

City of Berkeley M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about City of Berkeley

What does City of Berkeley do?

The City of Berkeley is a municipal government that delivers essential public services to its residents, property owners, businesses, and visitors. Its offerings span city services (parking, trash and recycling, reporting and payments), community and recreation (parks, senior services, civic arts, animal care), safety and health (police, fire, public health, homeless services), construction and development (permits, green building, land use), doing business (licensing and economic development), and government transparency (council, elections, public records). Services are funded primarily by municipal taxes, regulatory fees, and state and federal grants.

Is City of Berkeley a public or private company?

City of Berkeley is a public company. It is classified as state government owned and is currently operating.

When was City of Berkeley founded?

City of Berkeley was founded in 1868. It employs 1,001 to 5,000 people.

Where is City of Berkeley based?

City of Berkeley is headquartered in Berkeley, United States, in the North America region.

How does City of Berkeley make money?

Three revenue lines are on record. Tax Revenue is the primary driver. The others are regulatory Fees and Deposits and state and Federal Grants.

Who are City of Berkeley's main competitors?

Direct peers on record are City of Albany, California, City of Emeryville, City of Oakland, City of San Francisco, City of Palo Alto and City of San Jose. Emerging players are Accela, OpenGov and Granicus. Tyler Technologies is listed as a broad incumbent.

Does City of Berkeley have an API?

No public API is recorded for City of Berkeley.

What industry is City of Berkeley in?

City of Berkeley's product category is Municipal Government Services. Its primary akta.pro industry code is BPAIACAA, Mayor/City Manager & General Administration. Its NAICS code is 9211.

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Live signals
The Mercury NewsElection 2026: Berkeley City Council races focus on public safety, developmentFour of Berkeley's nine City Council seats are up for election this November, with voters deciding on public safety and commercial corridor revitalization amid a $30 million budget deficit. Candidates split on upzoning and affordable housing, while the council's Flock Safety contract extension and a parking-reduction plan face legal challenges.Fox NewsViral video of homeless encampment around city of Berkeley sparks safety concerns from parentA video of a homeless encampment near UC Berkeley student housing went viral after ABC7 reporter Lyanne Melendez posted it on X while dropping her son off at University Village in Albany. UC Berkeley said it has no jurisdiction, while local businesses cited safety, sanitation and sales declines. Berkeley officials said they are complying with court orders.Quiver QuantitativePress Release: Lateefah Simon Secures $850,000 for Berkeley Community Plaza and Open Space Design | Stock NewsCongresswoman Lateefah Simon announced $850,000 in federal Community Project Funding awarded to the City of Berkeley to design a new plaza and expand open space along Adeline Street, including near a future Ashby BART station. The plans would support housing, commercial and community spaces while improving pedestrian and ADA access. The award is part of $11.2 million Simon secured for 15 East Bay projects in fiscal year 2026.New York PostHomeless filth in Berkeley goes viral; here’s what to do about itThe City of Berkeley is attempting to clear homeless encampments near the University of California Berkeley, but a judge has mandated that officials provide assistance to some tent-dwellers before cleanup can proceed. This legal and operational conflict highlights the ongoing tension between city authorities, who cite health and safety concerns, and advocates opposing the removal of these camps.BerkeleycaGet help to become a certified green businessThe City of Berkeley, supported by the Alameda County Green Business Program and implementation partner Environmental Innovations, offers free consultations and audits to help local businesses achieve Green Business certification. This initiative enables companies to reduce waste and energy consumption through upgrades like LED lighting, with certified entities benefiting from rebates and marketing recognition. The program has resulted in 97 currently certified businesses in Berkeley that have collectively saved significant amounts of water, electricity, and fuel.CaliforniacitynewsCity of Berkeley and California Consulting Partner to Secure Over $22 Million in Grant FundingCalifornia Consulting partnered with the City of Berkeley to secure $22,009,166 in total grant funding across eight state and federal programs, including BSCC Proposition 47, FEMA water quality improvement, Prop 68 park development, and California Transportation Commission climate adaptation funding. The partnership achieved a reported 46,121% return on investment and is funding transformative projects enhancing public spaces, safety, resilience, and environmental sustainability throughout Berkeley. The grants will support high-impact community-centered initiatives as the partnership continues to pursue funding opportunities.YahooCalifornia city council meetings stir up heated debate over calls for Gaza cease-fireCalifornia city councils, including Irvine, have debated cease-fire resolutions amid the Israel-Hamas war, sparking heated protests and divisions. The resolutions are symbolic but aim to pressure federal officials, while some cities like Berkeley have resisted. An Irvine ordinance to limit picketing near homes is expected in May.PR NewswireHistoric Camp's Rebuilding Plans Include Sustainably Harvested RedwoodThe City of Berkeley has broken ground on the reconstruction of the Berkeley Tuolumne Camp, which was largely destroyed by the 2013 Rim Fire. The project involves partners such as the United States Forest Service and FEMA, with Siegel & Strain Architects leading the design. Humboldt Sawmill will supply FSC-certified redwood lumber to meet sustainability requirements.ArchitectmagazineCenter Street Parking GarageThe City of Berkeley, Calif., commissioned Marcy Wong Donn Logan Architects to design an eight-story parking garage with capacity for 720 cars. The project features unique illuminated façades built with perforated steel panels, creatively designed to enhance the aesthetics of the downtown arts district, with a total cost of $37 million. The innovative lighting design aims to transform a typical parking garage into an attractive urban feature.PR NewswireNeighborly Partners with UC Berkeley Blockchain Lab and Berkeley Officials to Combat Social IssuesNeighborly Corporation announced a partnership with the UC Berkeley Blockchain Lab and Berkeley elected officials to launch the Berkeley Blockchain Initiative (BBI), which will leverage blockchain technology to develop a tokenized municipal bond compliant with regulatory requirements. The initiative aims to raise funds to address the City of Berkeley's pressing issues, specifically the lack of affordable housing and rising homelessness. This builds on Berkeley's history of innovative public financing mechanisms, including its pioneering Berkeley FIRST program launched in 2008 for solar installations.